1112 N Olive Dr Unit 1 West Hollywood, CA 90069
2
Beds
2
Baths
768
Sq Ft
$350/mo
HOA Fee
Highlights
- Contemporary Architecture
- Neighborhood Views
- Crown Molding
- Quartz Countertops
- Eat-In Galley Kitchen
- 5-minute walk to Kings Road Park
About This Home
As of January 2021Price Improved! Prime location in one of West Hollywood’s most sought-after neighborhoods. Located at the front of a quiet complex with windows on three sides, this stunning, 2 bed + 2 bath, west facing unit has pleasant views, excellent cross ventilation, privacy, and an abundance of natural light. With no common walls and easy, yet secure access, it feels like a private home. Great space to entertain! Wood grained composite flooring, crown moldings, and designer colors accent the open floor. An upgraded kitchen features quartz countertops and a suite of BRAND NEW stainless steel appliances including oven-range, microwave, dishwasher AND refrigerator. Master suite includes large tile surround over NEW tub with separate vanity room. The front bedroom overlooks palm trees and flowers, it is ideal for home office or company. Easy financing, save thousands on lender fees, seller will carry the loan with 10% or greater down payment. Terms to be negotiated/discussed, subject to approval of seller. This boutique 8 unit complex offers secure underground parking. Low association dues include earthquake insurance. Walk to world famous shops, restaurants and nightlife along La Cienega, Sunset and Santa Monica Blvds.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,667
Year Built
- Built in 1972 | Remodeled
Lot Details
- 1 Common Wall
- West Facing Home
- Security Fence
- Wrought Iron Fence
- Wood Fence
HOA Fees
- $350 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Parking Lot
- Assigned Parking
- Controlled Entrance
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 768 Sq Ft Home
- 2-Story Property
- Crown Molding
- Ceiling Fan
- Living Room
- Dining Room
- Neighborhood Views
- Alarm System
Kitchen
- Eat-In Galley Kitchen
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Mirrored Closets Doors
- Makeup or Vanity Space
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Laurel Elementary School
- Fairfax High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 37898
- Assessor Parcel Number 5554026137
Community Details
Overview
- 8 Units
- Mzl Properties HOA
- Maintained Community
Amenities
- Laundry Facilities
Pet Policy
- Pet Restriction
Security
- Controlled Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 8, 2021
Sold by
Wilson William T and Wilson Christine M
Bought by
Wilson Kathryn Marie and Kimble Andrew Ivan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$462,798
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$204,601
Purchase Details
Listed on
Oct 29, 2020
Closed on
Dec 22, 2020
Sold by
Clark Tony
Bought by
Expert 1112 N Olive Dr 1 Llc
Seller's Agent
Steve Nemeth
RE/MAX One
List Price
$624,900
Sold Price
$580,000
Premium/Discount to List
-$44,900
-7.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$522,000
Interest Rate
2.71%
Mortgage Type
Commercial
Purchase Details
Listed on
May 9, 2014
Closed on
Jul 3, 2014
Sold by
Naffas Babak
Bought by
Clark Tony and Tony Clark Trust
Seller's Agent
Lorraine Casados
Equity Union
Buyer's Agent
Randy Wright
Christie's International Real Estate SoCal
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Purchase Details
Closed on
Mar 10, 2008
Sold by
Prudential Relocation Inc
Bought by
Naffas Babak
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 2008
Sold by
Paul Miriam Elizabeth
Bought by
Prudential Relocation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 14, 2006
Sold by
Kauffman Michele L
Bought by
Paul Miriam Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2002
Sold by
Dromy Ely
Bought by
1112 Investment Co Llc
Purchase Details
Closed on
Dec 27, 2001
Sold by
1112 Investment Company Llc
Bought by
1112 Investment Company Llc
Purchase Details
Closed on
Sep 26, 2001
Sold by
Remba Diana
Bought by
Remba Melvin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,295
Interest Rate
7.99%
Purchase Details
Closed on
Aug 10, 2001
Sold by
Dromy Ely and 1112 Investment Company Llc
Bought by
Kauffman Michele L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,295
Interest Rate
7.99%
Purchase Details
Closed on
Nov 22, 2000
Sold by
1112 Investment Company Llc
Bought by
Dromy Ely and 1112 Investment Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.86%
Purchase Details
Closed on
Oct 16, 1998
Sold by
1112 Olive Dr Inc
Bought by
1112 Investment Company Llc and Remba Melvin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.73%
Similar Homes in West Hollywood, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $630,000 | Fidelity National Title Co | |
| Grant Deed | $580,000 | Lawyers Title | |
| Grant Deed | $380,000 | Equity Title Co | |
| Corporate Deed | $350,000 | None Available | |
| Grant Deed | $422,500 | Accommodation | |
| Grant Deed | $441,000 | Chicago Title Co | |
| Grant Deed | -- | Equity | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $205,000 | Chicago Title | |
| Gift Deed | -- | Equity Title | |
| Grant Deed | $895,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $504,000 | New Conventional | |
| Previous Owner | $522,000 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $266,808 | New Conventional | |
| Previous Owner | $280,000 | Purchase Money Mortgage | |
| Previous Owner | $352,800 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $184,295 | No Value Available | |
| Previous Owner | $140,000 | No Value Available | |
| Previous Owner | $675,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2023 07/12/23 | Rented | $3,495 | 0.0% | -- |
| 07/06/2023 07/06/23 | For Rent | $3,495 | +1.3% | -- |
| 03/28/2023 03/28/23 | Rented | $3,450 | 0.0% | -- |
| 03/28/2023 03/28/23 | Under Contract | -- | -- | -- |
| 03/19/2023 03/19/23 | Price Changed | $3,450 | -8.0% | $4 / Sq Ft |
| 03/07/2023 03/07/23 | For Rent | $3,750 | 0.0% | -- |
| 01/19/2021 01/19/21 | Sold | $580,000 | -3.3% | $755 / Sq Ft |
| 12/20/2020 12/20/20 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | Price Changed | $599,900 | -4.0% | $781 / Sq Ft |
| 10/29/2020 10/29/20 | For Sale | $624,900 | 0.0% | $814 / Sq Ft |
| 09/30/2015 09/30/15 | Rented | $2,700 | 0.0% | -- |
| 09/10/2015 09/10/15 | Price Changed | $2,700 | -1.8% | $4 / Sq Ft |
| 08/18/2015 08/18/15 | For Rent | $2,750 | 0.0% | -- |
| 07/16/2014 07/16/14 | Sold | $380,000 | -4.8% | $495 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 06/25/2014 06/25/14 | Price Changed | $399,000 | -2.7% | $520 / Sq Ft |
| 06/12/2014 06/12/14 | Price Changed | $410,000 | -3.5% | $534 / Sq Ft |
| 05/09/2014 05/09/14 | For Sale | $425,000 | 0.0% | $553 / Sq Ft |
| 12/11/2013 12/11/13 | Rented | $2,000 | -28.6% | -- |
| 12/11/2013 12/11/13 | Under Contract | -- | -- | -- |
| 07/18/2013 07/18/13 | For Rent | $2,800 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,667 | $627,806 | $502,246 | $125,560 |
| 2024 | $7,667 | $615,498 | $492,399 | $123,099 |
| 2023 | $7,540 | $603,431 | $482,745 | $120,686 |
| 2022 | $7,162 | $591,600 | $473,280 | $118,320 |
| 2021 | $5,283 | $421,920 | $337,537 | $84,383 |
| 2020 | $5,326 | $417,594 | $334,076 | $83,518 |
| 2019 | $5,112 | $409,407 | $327,526 | $81,881 |
| 2018 | $5,072 | $401,380 | $321,104 | $80,276 |
| 2016 | $4,861 | $385,795 | $308,636 | $77,159 |
| 2015 | $4,785 | $380,000 | $304,000 | $76,000 |
| 2014 | -- | $367,669 | $293,926 | $73,743 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Rago
Seller's Agent in 2023
Doug Rago
eXp Realty of California Inc
(310) 780-3957
2 in this area
57 Total Sales
-
Christopher Hack
Seller Co-Listing Agent in 2023
Christopher Hack
eXp Realty of California Inc
(310) 425-5402
10 Total Sales
-
Devin Merrick
D
Buyer's Agent in 2023
Devin Merrick
The Bienstock Group
(323) 310-2525
6 in this area
22 Total Sales
-
J
Buyer's Agent in 2023
Jerica Jensen
Coldwell Banker Residential Brokerage
-
Steve Nemeth
Seller's Agent in 2021
Steve Nemeth
RE/MAX
(818) 203-9394
3 in this area
81 Total Sales
-
John McCann
Seller's Agent in 2015
John McCann
The Agency
(340) 998-0423
6 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20227474
APN: 5554-026-137
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1121 N Olive Dr Unit 211
- 1124 N Kings Rd Unit 106
- 1215 N Olive Dr Unit 207
- 1222 N Olive Dr Unit 311
- 1222 N Olive Dr Unit 409
- 1222 N Olive Dr Unit 213
- 1210 N Kings Rd Unit 101
- 1045 N Kings Rd Unit 105
- 1137 Hacienda Place Unit 107
- 1137 Hacienda Place Unit 104
- 1017 N Croft Ave Unit 303
- 1017 N Croft Ave Unit 301
- 1017 N Croft Ave Unit 203
- 1015 N Croft Ave
- 1233 N Flores St Unit 202
- 8455 Fountain Ave Unit 414
- 8455 Fountain Ave Unit 208
- 8455 Fountain Ave Unit 722
- 1009 N Croft Ave
- 1005 N Croft Ave